5602 & 5610 Dorothy Dr

San Diego, CA, 92115
For Sale $4,200,000
Two adjacent parcels totaling 13,200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill. Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2,111 SF) leases at $11,600/month through 25/26, stepping up to $11,800/month for 26/27. 5610 Dorothy Dr (7BR/4BA, 2,500 SF) leases at $11,600/month through 25/26, stepping up to $11,850/month for 26/27 — totaling $23,200/month currently, escalating to $23,650/month with no lease-up risk.
Listing agents:
Daniel Sipher
License #02043589
Landmark Multifamily and Development
License #00000000
Landmark Multifamily and Development

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5602 & 5610 Dorothy Dr is a Residential Income property located in San Diego, California, MLS #260012515SD.

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Data last modified: 2026-05-22 23:17:04

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